Plan Ledger DOL Form 5500 · updated monthly

Datalab USA, LLC401(k)

DATALAB USA, LLC 401(K) PROFIT SHARING PLAN · GERMANTOWN, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Datalab USA, LLC reported $15,278 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,004 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 460th-largest of 1,671 plans among Maryland employers on file, and the 764th of 2,199 in information & media. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 102 to 118 since 2022.

Plan summary
Net assets, end of year$30,685,685
Participants with balances130
Active participants118
Employer contributions$826,469
Employee contributions$1,591,828
Employer contribution per active participant$7,004
Average account balance$236,044
Benefits paid to participants$637,595
Plan auditUnmodified (clean) audit opinion
AuditorCHERRY BEKEART LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 130 accts · $826K emplr
2023$24.0M · 126 accts · $606K emplr
2022$18.5M · 116 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,170
Investment management$1,108
Total administrative$15,278
The Datalab USA, LLC 401(k) match · 2024
Employer contribution per active participant$7,004
Median for plans this size$2,416
2024$7,004 per active participant
2023$5,314 per active participant
2022$13,011 per active participant

Datalab USA, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$14,170
SAFE HARBOR INVESTMENT ADVISORS · Investment advisory (plan)$827

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,278 · 0.06%
2023$14,844 · 0.07%
2022$13,651 · 0.07%
Same employer
Similar plansInformation & Media · Maryland
Vectorworks, Inc. MD$46.7M · 0.25%
Recorded Books, Inc. MD$30.9M · 0.31%
Iq Solutions, Inc. MD$27.2M · 0.51%
Ionq, Inc. MD$24.8M · 0.09%
One Call Concepts, Inc. MD$24.3M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 522194299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.